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Date
9 juillet 2024
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- 2407.06695
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Economics - General EconomicsSujets proches
Movers Household goods carriers Moving trade Moving industry Mobility Internal migration Urban housing Homes Slum clearance Housing needs Housing--Social aspects Houses Affordable housing Residences Economic theory Political economyCiter ce document
Giacomo De Giorgi et al., « Gentrification, Mobility, and Consumption », arXiv - économie
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We study the effect of localized housing price hikes on renters' mobility, consumption, and credit outcomes. Consistent with a spatial equilibrium model, we find that the consumption responses vary greatly for movers and stayers. While movers increase their consumption, purchase homes, and cars, stayers are relatively unaffected.